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Director of Finance, Hanger Fabrication Network
4 months ago
Why Us?:
With a mantra of Empowering Human Potential, Hanger, Inc. is the world's premier provider of orthotic and prosthetic (O&P) services and products, offering the most advanced O&P solutions, clinically differentiated programs and unsurpassed customer service. Hanger's Patient Care segment is the largest owner and operator of O&P patient care clinics nationwide. Through its Products & Services segment, Hanger distributes branded and private label O&P devices, products and components, and provides rehabilitative solutions to the broader market. With 160 years of clinical excellence and innovation, Hanger's vision is to lead the orthotic and prosthetic markets by providing superior patient care, outcomes, services and value. Collectively, Hanger employees touch thousands of lives each day, helping people achieve new levels of mobility and freedom.
Could This Be For You?:
The **Director of Finance**, Hanger Fabrication Network (“HFN”), Hybrid Remote (home/office)** will report to the Vice-President of Corporate Financial Planning and Analysis (“FP&A”) and provide customer service to the two executives managing Hanger Fabrication Network functions which are Fabrication and Supply Chain.
The position will lead the Hanger Fabrication Network finance team and will “own” financial analyses, budgeting, forecasting, long range planning, cost/profit improvement initiatives, management reporting, and compliance with company policies and procedures.
This leader will forge strong relationships with business partners and work through the team to assist company executives by providing financial information to be used in analyzing business performance and in making economic decisions that will affect future investment and business objectives.
Your Impact:
**Responsibilities**:
- Lead the annual budgets, monthly forecasts, strategic planning and variance analyses for Hanger Fabrication Network (“HFN”) ensuring operational results are evident in the numbers, and that the numbers are understood by business partners, the Senior Leadership Team (“SLT”) and accurately reflected in the corporate systems (Oracle, etc.)
- Manage, monitor and develop team of approximately two (2) team members, ensuring consistency of deliverables and creating standard operating procedures
- Monitor daily financial results for forecast implications and ensure forecast accuracy for Hanger Fabrication Network
- Manage the financial calendar ensuring milestones are achieved with ease, issues are resolved early and resolution communicated
- Provide leadership with routine and ad hoc reporting focused on identifying underlying business trends, and work directly with stakeholders to identify opportunities for improvement; ability to quickly create new financial schedules
- Analyze financial and operational data, and develop financial models used to guide business decisions (e.g. profitability by site/product line, price-volume-mix analyses, waterfalls and bridges for variances, ROI/IRR/NPV/Capital Budgeting, Working Capital including DSO, DOH, and DPO, etc.)
- Create and deliver formal presentations of financial results to senior management (Monthly Business Reviews, Budget Presentations, Strategic Plan Presentations, etc.), being the finance voice behind the numbers in support of business partners - areas include, but are not limited to, Cost of Materials (Materials, Freight, Labor and OpEx), costs of operating functions (including fully allocating all of these costs to the business units each period), and full P&L of Hanger Fabrication Network
- Work with business partners to identify opportunities to improve cost structure
- Participate in a variety of projects, preparing financial “what if” analyses
- Provide the Financial analysis and participate in the strategy development and execution of the “Fabrication Strategy” including Nearshoring in Mexico
- Provide timely responses and deliverables to requests from internal customers from functions including Sales, Customer Service, Procurement, Supply Chain Technology, Fabrication, Distribution, Accounting and segment owners
- Perform other job duties and ad hoc projects as assigned
- Ability and expectation to travel up to 20% to visit operational facilities across the United States and Mexico
Minimum Qualifications:
**Qualifications**:
- Bachelor's Degree in Finance or Accounting is required. MBA and/or CPA is preferred
- Significant finance experience is required to include at a minimum:
- Five (5) years of multi-site business finance support
- Five (5) years of progressive experience in accounting and finance leadership positions
- Five (5) years of experience in business unit budgeting, forecasting, planning, analysis, delivering and preparing clear and concise financial presentations to executives
- Accomplished management experience with a sizable team consisting of employees at a variety of levels This role is a Hybrid role, that currently requires a minimum o
